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20121120
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. they can out maneuver us in a number of ways in the corporate environment, and make their companies much more competitive against the united states. >> host: so to the fbi, what is the fbi's role, doesn't have the resources and if somebody who former fbi, what would you say about its success so far? >> guest: so i think the fbi, particularly in the last five years or so has made significant strides. let me say first that this really is the response in this area needs to be the government as well as the private sector. when you're talking of the government, it's the whole of government. it's the intelligence community, department of defense, fbi, dhs et cetera. there's a whole host of government agencies. the fbi's role, the fbi as you know wears two hats. they have a criminal responsibility as well as a national security responsibility. and the fbi's role is really looking domestically to gather intelligence and mitigate the threat. and the fbi does that in a variety of ways, clicking intelligence, sharing it with others and government sharing it with the private sector. the primary goal
in a sense the job of government is to provide an environment in which citizens can at their lives, knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this to chairman bachus describes. there was a failure at government to protect these people and the results of this investigation, fulfilling compasses obligation to provide oversight of us we had many opportunities to improve and provide better protection in these opportunities run the gamut from following behavior of those who are in charge entities like mf global, to monitoring and modifying the ways in which the ratings agencies do their business, to their job. and there have been so many failures in so many ways, not only in mf global, but in other, similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of laws that existed prior to the massive imposition of dog crank. we do not have infinite resources and our financial marketplace. we do
document. the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better protection, and these opportunities run the gamut from following the behavior of those who are in charge at entities like mf global to monitoring and modifying the ways in which the rating agencies do their business, do their job. there have been so many failures in so many ways, not only at an f global, but at other similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of law that existed prior to the massive imposition of dot-franc pit which did not have infinite resources and united states, nor
Search Results 0 to 2 of about 3